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• Eagle Group Finance is Good News for Borrowers
2/04/13
Brian Good, president and founder of Eagle Group, LLC has formed Eagle Group Finance, a direct hard money lender that specializes in short-and long-term financing secured by commercial real estate assets located in California...
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• LA County Retail Briefs
1/31/13
WEST COVINA – Harbor Investment Corporation, a Nevada Corp based out of Los Angeles, purchased a single-tenant restaurant property in West Covina for $4.2 mil. The property covers 2.38 acres and is located at 1360 W. Garvey A...
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• Leading Industry Forecast Upbeat about Outlook for California
1/30/13
The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey projecting a three-year outlook for the state’s overall commercial real estate industry remains predominately upbeat, with developer sen...
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• Overriding Core Issues for All LA Submarkets to be Focus of AIR’s 2013 Forecast Event
12/13/12
AIR Commercial Real Estate Association (AIR) has announced that its Annual Market Review and Forecast, one of the Greater Los Angeles Basin commercial real estate industry’s most respected annual forecast events, is set for t...
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• Robert E. Sulentic Becomes President & Chief Executive Officer at CBRE Group Inc
12/04/12
Robert E. Sulentic has assumed the position of President & Chief Executive Officer at global real estate services company CBRE Group. Mr. Sulentic succeeded Brett White, who retired on November 30, 2012.
Mr. Sulentic also ...
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• CA Housing Market Continues Momentum as Confidence Grows
11/20/12
California’s housing market continued its momentum in October, posting strong year-over-year sales and price gains in nearly every county of the state, according to the latest data from California Association of Realtors® (C....
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• CA Home Affordability Dropped to Below 50% in Third Qtr 2012
11/13/12
Rising home prices offset lower interest rates, reducing housing affordability in California during the third quarter of 2012, according to the latest data from the California Association of Realtors® (C.A.R.).
The percenta...
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• As LA’s Economy Improves, Retail Should Follow
10/31/12
Los Angeles employers added more positions in the second quarter than during any other three-month period over the last decade — an indication that the county’s economic recovery could be gaining traction, which will support ...
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• Charles Brown Installed as New President of IREM Los Angeles
10/30/12
At a ceremony last week at the Dorothy Chandler Pavilion in downtown Los Angeles, Charles Brown, was installed as the new President of the Institute of Real Estate Management, (IREM) Los Angeles chapter. This chapter boasts ...
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• Connie Hwang Joins Avison Young as Regional Research Director for SoCal
10/26/12
Connie Hwang has joined Avison Young as the Regional Research Director of Southern California. Effective immediately, Hwang will provide the region’s three SoCal offices with market intelligence, custom research, and speciali...
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• September Brought CA’s Highest Median Home Sales Price in Over Four Years
10/18/12
A continued shortage of available homes for sale lowered California home sales in September, while the median price reached the highest level in more than four years, according to the latest research sent out by the Californi...
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• Heger Industrial Awarded Property Management Assignment for the Alameda Trade Center in LA
10/12/12
Heger Industrial was awarded the property management assignment for the Alameda Trade Center (ATC) in downtown Los Angeles. The Alameda Trade Center is an approximately 400k sf industrial project, consisting primarily of food...
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• CA Housing Market on the Mend
10/04/12
California’s housing market will continue to recover in 2013, as home sales are forecast to increase for the third consecutive year and the median price to rise for the second straight year, according to the California Associ...
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• Diminishing Housing Inventory Limiting Sales in CA
9/27/12
While California pending home sales rose in August from July, a continuing shortage of housing inventory sent pending sales lower from the previous year. Additionally, the lack of supply, particularly of REO properties, sent...
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• CA Home Median Price Reaches Four-Year High
9/18/12
California home sales declined in August but continued to maintain a strong pace, recording five consecutive months of year-over-year sales gains, while the median price reached a four-year high, according to the latest data ...
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• Economic Update
9/17/12
Friends and Colleagues
In light of the big Fed announcements this week, our friends at Wells Fargo Securities (WFS) review what the Fed did and what it means. Read on for details....
The Fed made some big announcements thi...
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• Strong Job Growth Fueling US High-Tech Office Markets
9/07/12
Job growth in the high-tech sector is fueling strong rental rate growth and declining vacancies in tech-oriented office markets across the U.S., according to a new report entitled “Tech-Twenty Office Markets,” just released b...
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• SoCal Retail Briefs
8/23/12
IMPERIAL BEACH (San Diego County) -- Los Angeles-based Drooz Trust paid $7 mil for a 14.9k sf retail property occupied by CVS/pharmacy. The property is situated on one-acre of land at 800 Palm. Hamid Soroudi and Kimberly Robe...
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• Draftsmen & Craftsmen
8/22/12
Construction on the new $72.7 mil Bob Hope Airport Regional Intermodal Transportation Center (RITC) has gotten underway. The facility, which is being built by McCarthy Building Companies, will provide seamless connectivity fo...
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• Tech Industry Fueling Office Growth in Markets across the US
8/17/12
Job growth in the high-tech sector is fueling strong rental rate growth and declining vacancies in tech-oriented office markets across the U.S., according to a new report entitled “Tech-Twenty Office Markets,” just released b...
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